Purple Bricks

Based in Solihull, Purple Bricks is a well-known online estate agents who claim they're number 1 at selling houses for 2 years running.

Purple Bricks offer a free home valuation from one of their local property experts, whether this be a letting property or a sales property. There's no obligation to go ahead with them after the valuation.

Their website claims that they get your house on the market in the fastest possible way.

Here's how you sell through Purple Bricks:

• Book a free valuation with a local property expert. Included in the valuation is comparable prices, latest market data and their opinions on the best strategy to sell your home
• You can meet your local expert and have their mobile number for instant contact
• Once you instruct Purple Bricks, they'll take professional photos and create a floorplan and description. They'll also provide you with a for sale sign
• Purple Bricks will then list your home on the open market
• Potential buyers can request viewings online and you can communicate with them about the best day and time
• Through the app, you can get feedback and offers
• Once you've accepted an offer, Purple Bricks' post-sales support team help you with conveyancing and completing

Purple Bricks Fees

Purple Bricks charge a fixed fee rather than a percentage. For London and surrounding areas the cost is £1,499 inc VAT, for the rest of the UK they charge £999 inc VAT. But what's included and what's extra?

Included:

• Dedicated local property expert
• Professional photography, floor plans and an advert
• Your home listed on Rightmove, Zoopla and more
• Property support team based in the UK
• Option to pay upon instruction or up to 10 months after the advert goes live, at no additional cost

Optional extras:

• Accompanied viewings, £399 in London and surrounding areas or £300 for the rest of the UK
• House listing upgrades

What you need to know about Purple Bricks fees

On an initial look, Purple Bricks is an attractive option as it offers a cheaper alternative for selling your house when compared to high street estate agents. But there is a reason behind why their service looks to be cheaper.

Unlike a ‘traditional’ estate agent, Purple Bricks won’t automatically cover your viewings for you and will charge you extra for this privilege. If you live in London or surrounding areas then you will be charged an extra £399, or £300 if you live outside of London.

You will also have to pay an extra £360 if you choose their ‘pay later’ option and don’t want to use their conveyancing service. Even if you choose the pay later option, you will still have to pay the fee, even if your house doesn’t sell. You will also have to pay extra if you wish to have advert upgrades.

Purple Bricks will offer no negotiation with their fees and no matter the price your house sells for, you will have to pay the same fixed fee. Some could say with there being no commission, Purple Bricks have no desire to get you the best price for your house.

Also, with Purple Bricks being an online estate agent, the ‘local property expert’ valuing your property could be covering a 30-40-mile radius, meaning their local knowledge of your area will be limited, which could mean the valuation for your property isn’t accurate.

Purple Bricks Reviews

Claiming they are the most reviewed estate agent ever, Purple Bricks have reviews on Trustpilot, Feefo, Reviews.co.uk and more:

Trustpilot*

• 83,864 Reviews
• 4.5/5 Rating
• 5,089 Ratings 3 stars or below

Feefo*

• 5,553 Reviews
• 4.6/5 Rating
• 548 Ratings 3 stars or below

Reviews.co.uk*

• 326 Reviews
• 1.4/5 Rating

*Reviews correct as of 14/10/2021

Pros and Cons of Purple Bricks

If you're thinking of selling through Purple Bricks, take a look at our list of positives and negatives first:

Purple Bricks vs High Street Estate Agents

Purple Bricks will offer you a ‘local property expert’ to value your property, who may not actually be from the local area and may cover a 30-40-mile radius, meaning their knowledge of your local area is limited, giving you an inaccurate valuation.

A high street estate agent, however, will be local to your area and so the estate agent who comes to value your property should have good local knowledge and be able to give you a fair valuation.

Purple Bricks will charge you a fixed fee, whereas a high street estate agent will work on a commission basis, meaning Purple Bricks will tend to end up a cheaper option. However, with Purple Bricks, you will have to pay the fixed fee regardless of whether your property sells or not, unlike high street estate agents where you will only pay if your property sells.

With both Purple Bricks and high street estate agents, there’s no guarantee your property will sell and you will have to deal with preparing your house for constant viewings, with no promise a viewing will turn into a sale.

Why Not Compare Us?

At The Property Buying Company, we buy your home fast for cash. By fast, we mean we can complete within 7 days! We have zero fees, and we can even provide you with a solicitor at no charge. With us, you don't have the hassle of messages from potential buyers or holding multiple viewings. We are highly rated on both Trustpilot and Reviews.co.uk, and are regulated by The National Association Of Property Buyers and The Property Ombudsman. Getting a quote with us is easy, and we can buy your property in a timescale to suit you. If you're looking at selling through Purple Bricks, why not get a cash offer from us too?

• We'll typically buy your home in as little as 7 days
• We cover all your costs, including solicitors fees
• We work with properties of all market values
• We're regulated by the NAPB and The Property Ombudsman

Why not give us a call to compare your Purple Bricks quote? It's quick and easy: